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BetRivers Maintains Sports Betting Monopoly in Delaware, Expands iCasino

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Rush Street Interactive’s BetRivers sports betting platform was dealt a winning hand in Delaware over the weekend when the state’s General Assembly adjourned for the year without passing legislation that sought to end the sportsbook’s monopoly. BetRivers in Delaware now offers Evolution live dealer games for online casino players. BetRivers maintains a monopoly on sports betting and iGaming in the First State. (Image: Evolution) House Bill 365 was introduced in April by state Reps. Franklin Cooke (D-District 16) and William Bush (D-District 29). The bill proposed allowing in five additional online sportsbook platforms. BetRivers acquired Delaware’s exclusive retail and online sportsbook license when it was the lone bidder for the

Titanic NHL Draft at Vegas Sphere Boasts Celine Dion

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Celine Dion helped make the 2024 NHL Draft, the first sports-related event held inside the Las Vegas Sphere, a memorable one on Friday. Celine Dion, born 15 miles northeast of Montreal, grew up a Montreal Canadiens fan and remains one, despite making Las Vegas her primary residence since 2003. (Image: NHL) The Las Vegas icon, whose singing career has been sidelined by a rare and incurable neurological disease, announced the fifth overall choice of the night on behalf of the Montreal Canadiens, her home team. “My Heart Will Go On” singer was accompanied to the stage by her 23-year-old son. René-Charles Dion Angélil, who is also a singer and goes

Live! Casino Philadelphia Fined $100K for Taking Proxy Sports Bets

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Stadium Casino RE, LLC, the operator of Live! Casino and Hotel Philadelphia in the city’s Stadium District, has been slapped with a $100K fine for violating Pennsylvania’s sports wagering regulatory conditions. An aerial view of Live! Casino and Hotel Philadelphia. The casino’s FanDuel Sportsbook took banned proxy bets from a bettor that resulted in the resort’s operating company being hit with a $100K fine. (Image: Tripadvisor) The Pennsylvania Gaming Control Board (PGCB) signed off on a consent agreement offered by the Board’s Office of Enforcement Counsel (OEC) to Stadium Casino to settle the regulatory mishaps. Live! officials conceded that several of its FanDuel Sportsbook employees wrongly took bets via the

NY Mets Owner Buys $50M Slice of Las Vegas Sphere

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Baseballs aren’t the only round things fancied by Steve Cohen. According to Sportico, the owner of the New York Mets recently picked up a 5.5% stake in the Las Vegas Sphere. Steve Cohen owns 97% of the New York Mets. (Images: Foreground, Getty; Background: YouTube) Cohen bought 1.56 million shares of Sphere Entertainment, which includes the spherical concert venue built for $2.3 billion by majority owner James Dolan, and opened last September. The new investment came to light via a Schedule 13G filing, which is required for investment firms with an ownership stake in a company’s total stock exceeding 5%. Though the filing didn’t include Cohen’s purchase price, 1.56 million

Jontay Porter Faces Criminal Probe in Canada Over NBA Betting Scandal

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Canadian authorities have confirmed a criminal investigation is underway into former Toronto Raptors forward Jontay Porter for manipulating NBA games. Jontay Porter during a practice session for the Toronto Raptors, above. Porter was banned for life from the NBA in April after he was found to have conspired with a betting syndicate to spot fix. (Image: NBA.com) The American athlete was banned for life by the league in April for “spot fixing” and leaking insider information to a New York-based gambling syndicate US federal prosecutors claim the group placed bets on Porter to underperform in a January 26 game against the Los Angeles Clippers and a March 20 game against

WarHorse Omaha Announces Opening Date of Permanent Casino in Nebraska

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WarHorse Casino Omaha at Horsemen’s Park plans to open this August, pending regulatory signoffs by the Nebraska Racing and Gaming Commission (NRGC). Construction continues on WarHorse Casino Omaha in a photograph shared by WarHorse Gaming on Feb. 22, 2024. The permanent casino facility is on pace to open in August. (Image: WarHorse Gaming) Officials with WarHorse Gaming, a division of Ho-Chunk, Inc., the commercial business arm of the Winnebago Tribe, say the company’s permanent Omaha casino venue is slated to open on August 6. WarHorse Omaha will debut with 800 slot machines, 20 table games, a sportsbook, and an updated simulcast parimutuel wagering experience. The roughly $250 million facility will

Codere Announces Fifth Restructuring to Cut Debt by 92%

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Codere, the Spanish gaming giant that’s the parent of Codere Online Luxembourg (NASDAQ: CDRO), announced a fifth restructuring agreement Thursday that will result in the elimination of 92% of its debt. Codere’s sign when it launched on NASDAQ in November 2021. The gaming company announced another debt restructuring. (Image: X) Under the terms of the pact with creditors, the gaming company’s debt will decline to $138 million from $1.72 billion, with investors who hold Codere’s super senior notes taking control of the company. That doesn’t mark a significant change in control of the firm because many of those investors make up a majority of Codere equity owners. The transaction so

New York ‘Poker Shark’ Arrested in Jontay Porter Case Denies Flee Attempt

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One of four New York men arrested for alleged involvement in the Jontay Porter betting scandal has denied that he was trying to flee the country when he was detained at JFK International last week. Long “Bruce” Phi Pham, furthest back, pictured with his co-conspirators (right to left) Ammar Awawdeh, Timothy McCormac, and Mahmud Mollah in a restaurant at an Atlantic City casino where they allegedly placed the fraudulent bets. (Image: US Dist. Court for the Eastern Dist. of New York) Long Phi Pham, 38, was apprehended by the FBI on June 3 as he attempted to board a one-way flight to Australia. During his bail hearing at Brooklyn federal

Golden Gate Fields Runs Its Last Race Sunday

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Historic San Francisco Bay area racetrack Golden Gate Fields will run its last race today, June 9. The track’s closing weekend will involve live music, DJs, and a “Belmont Stakes Watch” party. End of an era: Chase the Chaos wins the 2023 El Camino Derby at Golden Gate Fields. The 80-year-old track will run its last race Sunday, as the popularity of horse racing continues to dwindle in California. (Image: Vasser Photography) Meanwhile, outside, Berkeley-based animal rights group Direct Action will be holding a mock funeral for the estimated 2,000 horses they claim have died at the track since it opened. The vigil will feature a symbolic coffin and flowers,

New Jersey, New York Still Hotbeds of Black Market Sports Betting

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Some form of sports betting, be it online, retail, or both, is live and legal in 38 states and Washington, DC, but broader legalization since the 2018 Supreme Court ruling on the Professional and Amateur Sports Protection Act (PASPA) isn’t serving the desired effect of eliminating black-market betting in some states. Despite permitting both iGaming and online sports betting, New Jersey is home to rampant black-market betting. The same is true of Minnesota and New York. (Image: NJ.com) Fresh data from the Campaign for Fairer Gambling (CFG) indicate that New Jersey and New York, two of the largest states in terms of regulated sports wagering handle, remain hotbeds of illegal

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